Towards the end of last year, the European Union reached an agreement on its Pillar Two Directive, leaving a year for Member States to implement it in domestic law. The OECD also released its guidance regarding safe harbor and Penalty Relief, as well as public consultations on GloBE information Return and Tax Certainty for the GloBE Rules. Please join our experts, including those on tax policy, as well as economists and tax professionals across the globe to discuss the most recent updates and fresh insights on this topic each month. The first session in the series is on 8 February 2023.
In an increasingly connected world, a holistic perspective is essential to capture commercial opportunities while mitigating evolving risk. This podcast series spans markets, sectors and areas of laws to uncover forward-looking insights from Baker McKenzie and industry experts on driving growth in your organization.
Episode 2 of the series focuses on building business resilience in a turbulent environment. Baker McKenzie’s Anne Petterd, Mark Turner (Managing Director, Kroll) and Frances Coppola (speaker and writer) examine the role of regulation in creating sustainable growth, the impacts of increasing digitalization and cybersecurity on business stability and why stimulating investment will contribute to future economic security.
ESG disputes pose one of the top risks to organizations in the coming year, particularly the increasing concern of governance disputes. Join Baker McKenzie’s global team on 31 January 2023 as they discuss key risks to your organization as well as how to manage these and adapt to changing demands.
Join us for our 20th Annual Global Trade and Supply Chain Webinar Series which includes updates across the latest international trade and supply chain compliance developments.
This year, in a variety of sessions, our panels of experts will cover the key developments and latest trends on trade controls including sanctions, export controls and other regimes. On the inbound side, there will be sessions on opportunities and compliance challenges arising out of FTAs, hot topics on customs valuation, trends in customs audits and supply chain compliance challenges, as well as trade remedies and WTO developments.
On 1 March 2023 at 1.00 pm GMT, we will be holding a demystifying ESG webinar on the topic of “Getting to net zero and a circular economy through smart investment strategies”. The more common the understanding of imminent climate risk is, the more investors embrace investment strategies that seek to achieve net zero, circularity, energy transition and other changes advancing 2050 goals, alongside financial returns, such as ESG-driven M&A and impact investing. Regulations and government policies help to scale up the impact investing trend, and with capital markets and big PE players lining up to adapt, the odds of reaching the net zero targets look brighter. Yet, many challenges remain: fragmented regulations, an abundance of reporting standards, and discussions around measuring impact vs. financial returns.
Baker McKenzie and Milltown Partners have jointly produced a report outlining regulatory approaches towards young people’s safety online in different markets around the world, capturing global trends and exploring regional variations. The aim of the ‘Online child safety: an opportunity to get it right’ report is to provide tech companies operating in this space with information on current stakeholder attitudes, an understanding of the direction of policy and regulation travel, and practical advice on how to navigate an often high-stakes issue successfully.
Looking to the year ahead, Baker McKenzie commissioned a survey of 600 senior lawyers across the globe and uncovered that corporations expect more disputes this year, driven by economic uncertainty, global trade shifts and altered business models. Disputes around cybersecurity/data and ESG rank as emerging risk areas, while tax and employment disputes remain a constant consideration for organizations. To help stay abreast of emerging challenges and prepare to navigate the changing disputes landscape, join our experts across the globe in a series of webinars as they unpack findings from our latest report, The Year Ahead: Global Disputes Forecast 2023, and uncover a practical, actionable way forward.
Watch and listen to Baker McKenzie specialists and industry experts talk about recent legal and commercial developments affecting financial institutions around the world. The latest webinar in the series looks at Sustainability for Financial Institutions – Global Trends and the LatAm Perspective.
Climate change and extreme weather situations have no boundaries and impact everyone in the world. To mitigate the onset of these global catastrophes, we need urgent and meaningful international collaboration as called upon in the United Nations Framework Convention on Climate Change under “Common but differentiated responsibilities” and respective capabilities, in light of different national circumstances. At present, the legally binding international treaty on climate change is the “Paris Agreement”, adopted by 196 state parties at the 21st Conference of the Parties in Paris, France, on 12 December 2015 and entered into force on 4 November 2016.
Exactly one year after publication of the Pillar 2 Model GloBE Rules on 20 December 2021, the OECD Inclusive Framework on BEPS published an implementation package as part of its ongoing efforts to develop the Pillar 2 Implementation Framework. The Pillar 2 documents released contain (i) guidance on Safe Harbours and Penalty Relief, and (ii) public consultations on the GLoBE Information Return and Tax Certainty for the GloBE Rules.